COFCO Wines & Spirits Acquires Chilean Winery
Qu Zhe, president assistant of COFCO Group and chairman of COFCO Wines & Spirits, has revealed that the company has acquired Biscottes, a well-known winery in Chile, for USD18 million.
spirits
Beijing Clamps Down On Illegal Moutai Stores
The Beijing Administration for Industry and Commerce and the Beijing Consumers' Association have jointly started an action to fight fake Moutai liquors and more than 100 stores which illegally sold fake Moutai liquors were punished.